The head of a U.S. congressional delegation visiting China said he backed renegotiating the rules governing the global economy to take into account China's rise and that of others such as India and Brazil.

Rep. Adam Smith, a Democrat from Washington state, told the mayor of Shanghai on Thursday that the U.S.-led post-World War II order has worked well for many countries, including China, but that "we understand that things have changed."

President Donald Trump will hold talks with Turkish President Recep Tayyip Erdogan at the White House on Thursday as the Republican leader has indicated that the U.S. government's hold on sales of advanced fighter jets to Ankara may soon be lifted.

During Trump's first term, the United States kicked out Turkey, a NATO ally, from its flagship F-35 fighter jet program after it purchased an air defense system from Russia. U.S. officials worried that Turkey's use of Russia's S-400 surface-to-air missile system could be used to gather data on the capabilities of the F-35 and that the information could end up in Russian hands.

Iran’s rial currency fell to a new all-time low on Wednesday, reaching 1,074,000 to the U.S. dollar just before Iranian President Masoud Pezeshkian was due to address the United Nations.

The currency’s fall follows Iranian Supreme Leader Ayatollah Ali Khamenei rejecting direct talks with the United States over its nuclear program.

China has said it would no longer seek the special treatment given to developing countries in World Trade Organization agreements — a change long demanded by the United States.

Commerce Ministry officials said Wednesday the move was an attempt to boost the global trading system at a time when it is under threat from tariff wars and protectionist moves by individual countries to restrict imports.

President Donald Trump's second-term strengths look different from his first, according to new polling.

With a pristine white exterior, the Greece tax authority's new headquarters looks out of place on a clogged industrial artery outside Athens. A former shopping mall and ice rink, the building has been overhauled into an ultramodern digital center that has led the rescue of the nation's ailing finance and tax sector.

It is teeming with inspectors who chase down tax cheats with the help of drones, big data and live surveillance feeds from as far as Greece's island ports and remote farming villages.

After deflecting the U.S. Justice Department's attack on its illegal monopoly in online search, Google is facing another attempt to dismantle its internet empire in a trial focused on its abusive tactics in digital advertising.

The trial scheduled to begin Monday in an Alexandria, Virginia, federal court will revolve around the harmful conduct that resulted in U.S. District Judge Leonie Brinkema declaring parts of Google's digital advertising technology to be an illegal monopoly. The judge found that Google has been engaging in behavior that stifles competition to the detriment of online publishers that depend on the system for revenue.

U.S. stocks are drifting on Monday as Wall Street lets off the accelerator for its seemingly relentless rally.

The S&P 500 dipped 0.1%. The Dow Jones Industrial Average was down 103 points, or 0.2%, as of 9:57 a.m. Eastern time, and the Nasdaq composite was virtually unchanged. All three set their latest all-time highs on Friday.

A 30-day window to stop the reimposition of United Nations sanctions on Iran is closing, likely meaning Tehran will face new pressure on its ailing economy as tensions remain high in the wider Mideast over the Israeli war in the Gaza Strip.

As the U.N. General Assembly meets this week in New York, Iranian President Masoud Pezeshkian and Foreign Minister Abbas Araghchi have a last chance to try to halt the sanctions. The clock started when France, Germany and the United Kingdom on Aug. 28 declared Iran wasn't complying with its 2015 nuclear deal with world powers.

South African trade officials have held talks with their U.S. counterparts in Washington, reports said Friday as Africa's largest economy looks to repair strained relations and negotiate the lifting of heavy tariffs imposed by the United States.

South Africa's department of trade, industry and competition said the country's Trade Minister Parks Tau and U.S. Trade Representative Jamieson Greer held "cordial and constructive" talks following three days of intense discussions by senior officials from both countries.